Top Page
Boralex Inc Cl A
(TSX:BLX)
Boralex Inc Cl A (BLX) vs. iShares MSCI Canada ETF (EWC)
Boralex Inc Cl A Business Overview & Revenue Model
Boralex Inc Cl A Earnings Call Summary
Boralex Inc Cl A Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 853.00M | 1.02B | 836.00M | 691.00M | 633.00M |
| Gross Profit | 358.00M | 642.00M | 578.00M | 538.00M | 482.00M |
| EBITDA | 534.00M | 517.00M | 406.00M | 472.00M | 410.00M |
| Net Income | 36.00M | 78.00M | 30.00M | 17.00M | 55.00M |
Balance Sheet | |||||
| Total Assets | 7.60B | 6.57B | 6.54B | 5.75B | 5.31B |
| Cash, Cash Equivalents and Short-Term Investments | 592.00M | 478.00M | 361.00M | 259.00M | 275.00M |
| Total Debt | 4.30B | 3.62B | 3.61B | 3.91B | 3.77B |
| Total Liabilities | 5.58B | 4.55B | 4.51B | 4.54B | 4.32B |
| Stockholders Equity | 1.60B | 1.63B | 1.68B | 1.00B | 989.00M |
Cash Flow | |||||
| Free Cash Flow | -237.00M | 216.00M | 257.00M | 166.00M | 206.00M |
| Operating Cash Flow | 215.00M | 496.00M | 513.00M | 345.00M | 362.00M |
| Investing Cash Flow | -578.00M | -268.00M | -684.00M | -433.00M | -247.00M |
| Financing Cash Flow | 479.00M | -109.00M | 261.00M | 75.00M | -413.00M |
Boralex Inc Cl A Technical Analysis
Boralex Inc Cl A Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ― | ― | 0.97% | ― | |||
67 Neutral | $17.66B | 18.14 | 5.33% | 3.65% | 7.33% | 12.21% | |
61 Neutral | C$266.79M | 59.81 | -4.34% | 6.61% | 4.98% | -244.98% | |
54 Neutral | C$3.03B | 271.12 | -0.61% | 2.24% | -13.45% | -112.19% | |
| ― | $16.81B | ― | -5.97% | 5.72% | ― | ― | |
| ― | $4.43B | ― | 1.50% | 4.50% | ― | ― | |
| ― | $4.20B | 22.35 | -1.19% | 5.36% | ― | ― |
Boralex Inc Cl A Corporate Events
Boralex Inc. announced the appointment of André Courville as the new Chair of the Board of Directors, succeeding Alain Rhéaume, who is retiring after 15 years of service. Courville, who has been on the board since 2019, will lead Boralex as it embarks on a new strategic cycle following the unveiling of its 2030 Strategy. His extensive international experience is expected to provide essential leadership to achieve the company’s strategic and financial objectives. This leadership transition is anticipated to support Boralex’s continued growth and commitment to its mission.
The most recent analyst rating on (TSE:BLX) stock is a Hold with a C$38.00 price target. To see the full list of analyst forecasts on Boralex Inc Cl A stock, see the TSE:BLX Stock Forecast page.
Boralex Inc. announced the departure of its Chief Financial Officer, Bruno Guilmette, who has been instrumental in the company’s financial growth and strategic planning over the past seven years. His successor, Stéphane Milot, will ensure continuity in leadership and maintain the company’s strong financial position as it enters a new strategic cycle.
The most recent analyst rating on (TSE:BLX) stock is a Hold with a C$38.00 price target. To see the full list of analyst forecasts on Boralex Inc Cl A stock, see the TSE:BLX Stock Forecast page.
Boralex Inc. reported a decrease in EBITDA, operating income, and net earnings for the second quarter of 2025, despite a 14% increase in production from the previous year. The company is actively pursuing development and construction activities, including new wind farms in France and solar projects in New York State, which are expected to enhance its market position and financial capacity to meet growing demand in target markets.
The most recent analyst rating on (TSE:BLX) stock is a Hold with a C$38.00 price target. To see the full list of analyst forecasts on Boralex Inc Cl A stock, see the TSE:BLX Stock Forecast page.
Boralex Inc. has secured $250 million in corporate financing through an unsecured subordinated loan, with $200 million from La Caisse and $50 million from Fondaction. This financing aligns with Boralex’s 2030 Strategy, enhancing its capacity to fund growth activities and diversify financing sources. The investment underscores confidence in Boralex’s growth potential and supports its clean energy infrastructure development, aligning with broader climate and socioeconomic objectives.
The most recent analyst rating on (TSE:BLX) stock is a Hold with a C$38.00 price target. To see the full list of analyst forecasts on Boralex Inc Cl A stock, see the TSE:BLX Stock Forecast page.
Boralex Inc. has been recognized as the top company in Corporate Knights’ annual ‘Best 50 Corporate Citizens’ ranking in Canada, highlighting its commitment to sustainable development and corporate responsibility. This accolade underscores Boralex’s dedication to a renewable energy future and its strategic focus on social responsibility, reflecting its collaborative efforts with stakeholders and its ongoing initiatives to combat climate change.
The most recent analyst rating on (TSE:BLX) stock is a Hold with a C$38.00 price target. To see the full list of analyst forecasts on Boralex Inc Cl A stock, see the TSE:BLX Stock Forecast page.
Boralex Inc. announced the retirement of Alain Rhéaume as Chair of the Board of Directors, effective once a successor is appointed by December 2025. Under Rhéaume’s leadership, the company has renewed its executive team, welcomed new directors, and pursued strategic plans, positioning itself well in the renewable energy sector amidst global economic challenges and opportunities in energy demand.
The most recent analyst rating on (TSE:BLX) stock is a Hold with a C$38.00 price target. To see the full list of analyst forecasts on Boralex Inc Cl A stock, see the TSE:BLX Stock Forecast page.
Boralex Inc. has announced its strategic plan and financial objectives for 2030, aiming to double its installed capacity every five years and increase the weighted average remaining contract duration from 11 to 14 years. The company plans to achieve a compound annual growth rate of 12% to 14% in operating income and 8% to 10% in cash flows per share, supported by a $6.8 billion investment plan. This strategy focuses on sustainable growth through a high-quality project pipeline and disciplined financial management, positioning Boralex to capitalize on the growing demand for renewable energy in its key markets.
The most recent analyst rating on (TSE:BLX) stock is a Hold with a C$38.00 price target. To see the full list of analyst forecasts on Boralex Inc Cl A stock, see the TSE:BLX Stock Forecast page.
Boralex Inc. has announced the appointment of Robin Deveaux as Executive Vice President and General Manager for North America, succeeding Hugues Girardin, who will retire at the end of 2025. Deveaux, with over 20 years of experience in renewable energy, is expected to lead the company as it prepares to unveil its 2030 Strategy, continuing the legacy of growth and community engagement established by Girardin.
The most recent analyst rating on (TSE:BLX) stock is a Hold with a C$38.00 price target. To see the full list of analyst forecasts on Boralex Inc Cl A stock, see the TSE:BLX Stock Forecast page.
Boralex Inc. has announced the signing of contracts for two solar projects in New York, totaling 450 MW, as part of its U.S. growth strategy. These projects, located in Franklin and St. Lawrence Counties, are expected to significantly contribute to New York’s renewable energy targets and provide substantial economic benefits to local communities, including job creation and increased tax revenues.
The most recent analyst rating on (TSE:BLX) stock is a Hold with a C$38.00 price target. To see the full list of analyst forecasts on Boralex Inc Cl A stock, see the TSE:BLX Stock Forecast page.
Boralex Inc. reported net earnings of $41 million for the first quarter of 2025, marking a decrease from the previous year due to lower production and less favorable power purchase agreement prices in France. Despite these challenges, the company commenced production at the Limekiln wind farm in Scotland, its first operational project in the UK, highlighting its strategic growth in a promising market. The company continues to advance its projects in Canada and is preparing for upcoming tenders, aiming to strengthen its market position and operational performance.
The most recent analyst rating on (TSE:BLX) stock is a Hold with a C$36.00 price target. To see the full list of analyst forecasts on Boralex Inc Cl A stock, see the TSE:BLX Stock Forecast page.